On the last day of its inaugural VenCent Fintech Summit in Little Rock, The Venture Center presented its first-ever Finny Award to global business software company DocFox. The Finny, selected by popular vote, acknowledges a company helping banks economize through a user-friendly, streamlined and enhanced customer experience – all while delivering solutions that pass regulatory muster.
“The Finny represents the embodiment of advancing the financial services industry through collaboration and partnership between banks and fintechs,” said Wayne Miller, executive director of The Venture Center. “To us, fintech equals partnership, and partnerships thrive when both sides win. This award has been established to recognize fintech companies that are sustainable, investible and proven while helping banks transform their processes and delivery.”
A member of the Venture Center’s 2022 ICBA ThinkTECH Accelerator cohort, Docfox provides automated account opening software to over 250 financial institutions internationally. The company helps financial institutions provide exceptional customer experiences through simple, easy-to-use, automated technology – technology which reduces painstaking tasks for applicants and providers alike.
“We couldn’t be more excited about this award and about being part of the ICBA and Venture Center community,” said DocFox CEO Ryan Canin. “We’re so grateful to the organizers and to all the bankers who participate in the Venture Center programs. We’ve learned enormously from their experience and advice. We’re thrilled to give back by helping community banks play to their strength in building phenomenal relationships with their clients.”
Since 2016, The Venture Center’s fintech accelerator programs have improved success of young financial service companies by fostering creative, effective solutions for and partnerships among banks and financial technology companies.
The VenCent Fintech Summit took place from Aug. 15 to Aug. 17 and featured courses, networking opportunities and product demonstrations to promote innovation among banking and financial services providers.